Used in organic synthesis as a versatile intermediate, particularly in the preparation of complex molecules for pharmaceuticals and agrochemicals. Its halogenated structure makes it valuable in cross-coupling reactions, such as Suzuki or Sonogashira couplings, to construct biaryl or aryl-alkyne compounds. It also serves as a building block for creating ligands in catalysis and designing materials with specific electronic or optical properties. Additionally, it is employed in the development of bioactive compounds for drug discovery due to its ability to introduce functional groups at precise positions on aromatic rings.